On this point, I’d just have to chalk it up as “beyond my current expertise”. (Part of Krugman’s argument is that although “unconventional” monetary policy is possible, political and other considerations make it much harder to do.)
On this point, I’d just have to chalk it up as “beyond my current expertise”. (Part of Krugman’s argument is that although “unconventional” monetary policy is possible, political and other considerations make it much harder to do.)